Text size The cruise company predicted it would continue to be unprofitable in the third quarter. Alexandre Meneghini/Reuters/Alamy Shares of Norwegian Cruise Line Holdings fell sharply Tuesday after ...
Tag: Transportation
Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing will resume deliveries...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Disney, Coinbase, BioNTech, Rivian, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar. On Monday, Tys...
Musk’s SpaceX raises $250 million in equity, up to $2 billion in 2022
A Starship prototype stands on the company’s launchpad in Boca Chica, Texas on March 16, 2022. SpaceX Elon Musk’s SpaceX raised $250 million in an equity round last month, the company disc...
Varda signs NASA partnerships for space factory demo flight next year
Varda co-founders Varda Space Industries Early stage Varda Space Industries has signed a pair of agreements with NASA, the company announced Friday, securing access to key technologies the company wil...
Virgin Galactic again delays space tourism flights to second quarter 2023
Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021. Virgin Galactic Space tourism company Virgin Galactic on Thursday delayed the b...
Shift to new rocket amid losses, investigation
The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. Astra Small rocket-builder Astra said Thursday it would not have any ad...
Lordstown Motors (RIDE) Q2 2022 earnings and production
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truc...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
Fisker (FSR) Q2 2022 earnings
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Be...
Transportation Department proposes stricter rules for airline refunds after complaints surge
Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Transportation Department on Wednesday proposed stricter rules on when airlines would have to compensate passenge...
Shipping firm Maersk warns of weak demand and warehouses filling up
A.P. Moller-Maersk, is one of the world’s biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade. Andia | UIG via Getty Images AP Moller-...
Ford reports big jump in July sales, including for trucks and EVs
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, as the ...
Nikola shareholders vote to issue new stock over Trevor Milton’s objection
Nikola Motor Company Source: Nikola Motor Company Electric truck maker Nikola has finally won shareholder approval to issue new stock, the company said on Tuesday. Nikola has been trying for two month...
JetBlue shares tumble as costs push it to a loss despite profit forecast on higher fares
JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tues...
Innoviz wins $4 billion dollar Volkswagen lidar contract
In this photo illustration a Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday it has won...
Ferrari (RACE) Q2 2022 earnings and guidance
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images Ferrari raised its guidance for 2022 after reporting record results for the sec...
Ford stock posts best month since the Great Recession
2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the Detroit automaker this year....
Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Stock Surges
Text size House Speaker Nancy Pelosi is set to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images Stocks were slipping Tuesday amid rising geopolitical tensions, as House Speaker Nancy Pelosi is ...
Royal Caribbean Stock Tumbles on $900 Million Notes Offering
Text size Cruise lines had to to take out significant debt during the pandemic to stay afloat. Pau Barrena/AFP via Getty Images Royal Caribbean Group stock tumbled after the company said it had starte...
Ford Maverick Tremor off-road package 2022
2023 Ford Maverick Tremor Source: Ford Ford Motor is adding a new off-road-ready package to its Maverick pickup in a bid to extend the sales success of its hot-selling small truck. The new Maverick ...
Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand
July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...
Buy or Sell Apple Stock After Its Strong Earnings? 5 Reasons to Pick It Up.
Text size Apple has had to grapple with supply chain challenges and rising interest rates. Photo by DANIEL SLIM Apple ’s better-than-expected earnings report helped shake off investor concerns about h...
Taiwan Semiconductor Stock Will Benefit From Spending Spree
Taiwan Semiconductor Manufacturing is hedging its geographical bets, with large new fabs planned for the U.S. and Japan. Here: a TSMC chip at a 2020 semiconductor conference in China. Str/AFP/Getty Im...
Opinion: The FAANMGs have been whittled down to the fantastic four
The anticipation of second-quarter Big Tech earnings was palpable. With a broad set of indicators pointing to a slowdown in the global economy, the highest inflation in four decades and a big jump in ...